Hapag-Lloyd Aktiengesellschaft (OTCMKTS:HPGLY) Short Interest Down 93.7% in May

Hapag-Lloyd Aktiengesellschaft (OTCMKTS:HPGLY) saw a significant decrease in short interest during the month of May. As of May 15th, there was short interest totaling 122 shares, a decrease of 93.7% from the April 30th total of 1,939 shares. Approximately 0.0% of the shares of the stock are short sold. Based on an average daily volume of 1,386 shares, the short-interest ratio is presently 0.1 days.

Hapag-Lloyd Aktiengesellschaft Stock Down 1.7%

Shares of HPGLY stock traded down $1.15 during trading on Wednesday, hitting $64.93. The company had a trading volume of 1,650 shares, compared to its average volume of 913. The stock’s 50-day moving average is $70.91 and its two-hundred day moving average is $70.22. Hapag-Lloyd Aktiengesellschaft has a 52 week low of $63.98 and a 52 week high of $90.58.

Wall Street Analyst Weigh In

Separately, Zacks Research upgraded shares of Hapag-Lloyd Aktiengesellschaft to a “hold” rating in a research report on Wednesday, May 13th. One investment analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, Hapag-Lloyd Aktiengesellschaft currently has a consensus rating of “Hold”.

Hapag-Lloyd Aktiengesellschaft Company Profile

Hapag-Lloyd Aktiengesellschaft (OTCMKTS:HPGLY) is a Germany-based global container shipping company offering a wide range of ocean freight and logistics services. Headquartered in Hamburg, the firm maintains a modern fleet of more than 200 container vessels, serving shippers with capacity for standard dry cargo, refrigerated goods and specialized shipments. Its core services include scheduled liner transport, chartering and equipment management for containers of various types and sizes.

The company’s integrated logistics platform extends beyond sea transport to intermodal solutions, inland trucking and rail connections, as well as sea-air services for time-sensitive shipments.